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Spotify Takes Its “Personal Your Ear” Method to Audiobooks

Every acquisition or partnership Spotify (NYSE: SPOT) makes Ought to be Checked out by way of the lens of its prolonged-time period technique to increase its audio merchandise. Put merely, Spotify Desires to “own your ear,” and It is spending huge to Do precisely that. Final week’s announcement that Spotify is buying Findaway, A pacesetter in digital audiobook distribution, for an undisclosed sum matches that technique completely, and Spotify’s broad distribution and monetization mannequin might make this An monumental win for buyers.

Source: https://finance.yahoo.com/news/black-friday-samsung-q90t-tv-231500427.html